12/27/14

Good Evening,

Money managers started thinking of the end of the year today with a little selling for tax purposes. That will probably be the theme for the rest of the year now. Of course the media will fill up the long days of trading that we have left with experts giving a long stream of inaccurate predictions. The only thing I will pay attention to is my charts. Some years I have attempted to sell and carry a lot of cash into the new year as a defensive precaution, but that has only worked about half the time. The way this market has been behaving for the past three years, it has just been best to read the charts and react to the action that’s in front of me. I am only mentioning the selling strategy in case some of you want to do your own thing. I never claimed to be right 100% of the time. However, when I’m faithful, God has never let me down!

 

Stocks pause at end of strong week

 

 

The weeks action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Sell. Our current allocation is 42/C, 58/S. It has earned +20.84% in the period since 03/11/13. Here are the latest posted results:
12/26/13
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.2826 15.7306 23.7856 33.5351 25.1603
$ Change 0.0018 -0.0029 0.1123 0.0473 0.1000
% Change day +0.01% -0.02% +0.47% +0.14% +0.40%
% Change week +0.04% -0.38% +1.33% +1.37% +1.13%
% Change month +0.16% -0.63% +2.15% +2.52% -0.10%
% Change year +1.86% -1.75% +31.95% +37.79% +20.20%
  L INC L 2020 L 2030 L 2040 L 2050
Price 16.7889 21.7063 23.3407 24.6928 13.9717
$ Change 0.0150 0.0461 0.0609 0.0722 0.0459
% Change day +0.09% +0.21% +0.26% +0.29% +0.33%
% Change week +0.26% +0.66% +0.83% +0.95% +1.08%
% Change month +0.42% +0.84% +1.04% +1.19% +1.31%
% Change year +6.80% +15.55% +19.55% +22.53% +25.37%
The I fund is picking up some. If it continues to do well over the coming weeks we will reallocate some funds there when we re-balance our allocation. We’ve had a great year at over 36% for the year and over 20% just since March! There are many years that it is impossible to make 20% in a year.
May God be praised!  That’s all for tonight. Have a great weekend!
God bless,
Scott8-)

 



Written By

Scott Grimes

  • 04/21/25

    Good Afternoon, The sky is falling right??? Well…..that all depends on your point of view. One thing we can all agree on though. This is a difficult market. It is not a pleasant market to trade. I’ve had more than a few comments and questions mostly off the record. It’s going down we’re losing money….…

  • 04/15/2024

    Good Day, You can read about anything you want to read about the current market. If you have a certain point of view you can find an article to assuage your feelings. It’s nice to feel good, but that kind of feel good doesn’t necessarily make you money. Just because you can find someone who…

  • 04/07/25

    Good Morning, I hate writing about things like this. Nobody really wants to hear it but it’s something that must be done. Are my message boards flooded? Oh yeah. You’ve got the combination of an unprecedented global event coupled with the fact that a lot of folks that are trading now never experienced a market…